£218,489
This estimated value is based upon the latest sale price for the house of £173,750 on 20 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,750 | 20 Apr 2018 |
| £142,500 | 14 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £173,750 results in an estimated price of approximately £218,489.
| 20 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £173,750 | £44,739 | £218,489 |
The Postcode Pricing Model uses changes in average sales price within the WS10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 54.868 % | £95,332 | £269,082 |
| 3 Month Average | 32.874 % | £57,117 | £230,867 |
| 6 Month Average | 29.564 % | £51,367 | £225,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £238,500 | £238,500 | 8 SCOTT AVENUE |
| 15 Dec 2023 | £119,677 | £116,000 | 48 KILVERT ROAD |
| 28 Sep 2023 | £245,410 | £240,000 | 18 RIVERWAY |
| 15 Sep 2023 | £267,906 | £262,000 | 14 RIVERWAY |
| 18 Aug 2023 | £157,847 | £155,000 | 1 SCOTT AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 May 2017. Using an estimated price of £218,489 means this house is valued at £2,570 per sq meter (£238 per sq foot).
The average size of a house on RIVERWAY is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Richard Williams Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Richard Williams Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Richard Williams Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverway |
| Aug 2024 | Anti-social behaviour | On or near Moor Street |